FL ARCHIVED December 2017 | Page 75

Market Action Report December 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report December 2017

Phone Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 310,000
0 %
-2%
Average List Price of all Current Listings
$ 495,666
2 %
1 %
December Median Sales Price
$ 225,000
0 %
-1%
-2%
5 %
$ 228,000
6 %
6 %
December Average Sales Price
$ 292,052
-3%
-2%
-10%
-1%
$ 309,556
5 %
5 %
Total Properties Currently for Sale ( Inventory )
8,506
4 %
-1%
December Number of Properties Sold
1,459
27 %
-1%
17,561
-0%
December Average Days on Market ( Solds )
84
-2%
-2%
-1%
8 %
85
10 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 216
4 %
7 %
10 %
19 %
$ 187
3 %
3 %
December Sold Price per Square Foot
$ 162
2 %
0 %
-3%
2 %
$ 166
6 %
5 %
December Month ' s Supply of Inventory
5.8 -18%
-9%
-0%
2 %
6.0
5 %
5 %
December Sale Price vs List Price Ratio
94.3 %
. 2 %
. 1 %
. 2 %
. 1 %
93.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 December Property sales were 1,459 , down 0.6 % from 1,468 in
December of 2016 and 27.0 % higher than the 1,149 sales last Property month . December Sales 2017 sales were at their lowest level 2,500
2,000
December compared Property to December sales were of 2016 1,459 and , down 20150.6 . December % from 1,468 YTD in sales December of 17,561 of are 2016 running and 27.0 0.3 % higher behind than last the year 1,149 ' s year-to-date sales last sales month . December 2017 sales were at their lowest level
2,0001,500 of 17,620 . compared to December of 2016 and 2015 . December YTD sales
of 17,561 are running 0.3 % behind last year ' s year-to-date sales 1,5001,000 of 17,620 .
1,000 500
Number of Properties Sold
1,211 1,430 1,949 2,040 1,870 1,910 1,723 1,466 1,496 1,443 1,158 1,562 1,147 1,172 1,631 1,814 1,798 1,661 1,442 1,510 1,372 1,294 1,311 1,468 1,193 1,228 1,967 1,737 1,904 1,755 1,458 1,540 969 1,202 1,149 1,459
8,410 8,394 8,078 7,640 7,097 6,692 6,403
J
15
1,211 1,430
Title
Website Other
1,949 2,040 1,870 1,910 1,723 1,466 1,496
6,403 6,212 6,277 6,696 8,229 7,171
7,305
6,212 6,277 6,696 7,171 7,305 1,443 1,158
J A S O N D J 16
Number of Properties Sold
500 0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
0 15 16
17 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
Prices Median Sales Price and Average Sales Price
15 16
17 3 Mo Avg
The Median Sales Price in December was $ 225,000 , down 2.4 % 350
Prices from $ 230,530 in December of 2016 and equal to $ 225,000 last Median Sales Price and Average Sales Price
330
3 Mo Avg The month Median . The Sales Average Price Sales in December Price in was December $ 225,000 was , down $ 292,052 2.4 % ,
350 from down $ 230,530 9.7 % from in December $ 323,595 of in 2016 December and equal of 2016 to $ 225,000 and down last 3.0 %
310
330 month from . $ The 301,062 Average last Sales month Price . December in December 2017 was ASP $ 292,052 was at the , 290 down 9.7 % from $ 323,595 in of down 3.0 %
310 lowest level compared to December of 2016 and 2015 .
270 from $ 301,062 last month . December 2017 ASP was at the 290 250 lowest level compared to December of 2016 and 2015 . 270
230 250
210 230
190 210
170 190
150
170 150
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 15
16
17
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The December Total Inventory was 8,506 of Properties , up 4.5 % from available 8,142 for last sale month as of and down
12,000 9.0
December 0.9 % from was 8,584 8,506 in , up December 4.5 % from of 8,142 last year last . month December and down 2017 12,000
9.0 8.0 10,000
0.9 Inventory % from 8,584 was at in a December mid level of compared last year . with December December 2017 of 2016
8.0 7.0
10,000 Inventory and 2015 was . at a mid level compared with December of 2016 8,000
7.0 6.0 and 2015 . 8,000
6.0 5.0 6,000
5.0 6,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 4,000
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 4,000 3.0 higher MSI is better for buyers . The December 2017 MSI of 5.8 2.0
2,000 higher MSI is better for buyers . The December 2017 MSI of 5.8
2.0 months was at a mid level compared with December of 2016 2,000
1.0 months was at a mid level compared with December of 2016 1.0 and 2015 . 0
0.0 and 2015 . 0
0.0 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
F M A M J F M A M J
F M A M J J A S O N D 15
16
17
8,410 8,394 8,078 7,640 7,097 6,692
1,562 1,147 1,172
8,873 8,897 8,599 8,193 1,631 1,814 1,798 1,661 1,442 1,510
8,229 8,873 8,897 8,599 8,193 7,845 7,562 7,394 7,550
7,845 7,562 7,394 7,550 7,979 8,429 8,584
1,372
J A S O N D J
17
1,294 1,311 1,468
7,979 9,452
8,429 9,765 9,520
8,960
1,193 1,228 1,967 1,737 1,904
3 Mo Avg
1,755
8,584 9,452 9,765 9,520 8,960 8,454 8,035 7,657
1,458
8,454 8,035 7,657 7,401 7,227 7,649 8,142 8,506 1,540 969
7,401 7,227 7,649
3 Mo Avg
1,202 1,149
8,142 8,506
1,459
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Assoc does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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